Cubs Sign Xavier Nady

The Cubs officially signed Xavier Nady to a one-year deal worth $3.3MM today. GM Jim Hendry was also considering Reed JohnsonJonny Gomes and Jermaine Dye, but he settled on Nady, who could earn an extra $2MM in incentives tied to games played. 

Nady is coming off his second Tommy John surgery, which is uncharted territory for an established everyday player. The 31-year-old appeared in just seven games in 2009, but he hit 25 homers the year before that, so you can see why the Cubs were intrigued.

Next up for Nady: proving he's healthy enough to deserve a big contract next winter. Next up for his agent, Scott Boras: find a home for Johnny Damon.

ESPN Chicago's Bruce Levine first reported that the Cubs were close to adding an outfielder. Yahoo's Tim Brown reported that the deal was official and Jon Heyman of added the terms of the contract.

Ben Nicholson-Smith contributed to this post.

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